A suburban Denver man who was diagnosed with “popcorn lung,” possibly from inhaling the artificial butter smell of the microwave popcorn he regularly ate, has won a $7.2 million verdict against various food companies. Wayne Watson’s attorney, Ken McClain, said …
The West Virginia Supreme Court has decided that the newly created business court division will be headquartered in Martinsburg. The business court will focus on complex issues that arise in commercial litigation such as contract and shareholder disputes, trade secrets …
Texas Wholesale Insurance Coalition A group of Texas-based managing general agents/brokers has formed the Texas Wholesale Insurance Coalition (TWIC) with the goal of enhancing their markets, attracting Texas retail agency partners, and gaining economic efficiencies necessary to compete with the …
Digital, Strategic Benefit Solutions Employee benefits agency Digital Insurance in Atlanta has acquired Strategic Benefit Solutions of Raleigh, N.C., and merged it with its local office of Digital Benefit Advisors (DBA). Strategic Benefit Solutions President Henry D. Stewart joins the …
Analysts at investment research firm Keefe, Bruyette & Woods recently published a note recapping KBW’s annual insurance conference, held last month in New York. Analysts observed that while the general tone of management teams at the conference was somewhat uninspired, …
A new partnership formed between Space Florida, the spaceport authority and aerospace development organization for the state, and insurance agency Assure Space is counting on new space insurance capabilities driving more jobs and investments in Florida’s space business. Richard Parker, …
Global trends are like a river. Sometimes they are powerful, sometimes they are weak and sometimes they are so mellow a business can glide along like it’s on a leisurely, summer afternoon pontoon boat ride. But right now there are …
The cost of homeowners insurance claims has been rising rapidly because of the combined effects of rising claim severity and increases in claim frequency, according to an insurance industry report. A new Insurance Research Council study of homeowners insurance claim …
Marsh & McLennan Companies Inc. announced that Brian Duperreault will retire as the company’s president and chief executive officer at the year’s end. Daniel S. Glaser, currently the company’s group president and chief operating officer, has been named Duperreault’s successor …
The cost of homeowners insurance claims has been rising rapidly because of the combined effects of rising claim severity and increases in claim frequency, according to an insurance industry report. A new Insurance Research Council (IRC) study of homeowners insurance …
